Risk Management
B&M CFO Departs as Company Discloses Accounting Error in Freight Costs
B&M European Value Retail disclosed on Monday that due to an operating system update, approximately £7 million in overseas freight costs were not correctly included in cost of sales, leading the company to lower its fiscal 2026 outlook, and CFO Mike Schmidt announced plans to step down.
U.S. Chamber of Commerce Sues White House, Accusing New H-1B Visa Rules of Being 'Clearly Illegal'
The U.S. Chamber of Commerce filed a lawsuit on Thursday, accusing President Trump's announcement of imposing a $100,000 fee on new H-1B visas of being a 'clearly illegal' expansion of executive power, in violation of the Administrative Procedure Act and federal immigration law. The Chamber requested the federal appeals court in the District of Columbia to prohibit the fee requirement and rescind related enforcement actions. This is the second similar lawsuit following an earlier one filed by plaintiffs in California.
CEO Confidence Turns Pessimistic: Stubborn Inflation and Growing Economic Slowdown Concerns
The latest survey shows that CEO confidence in the economy deteriorated this quarter, with concerns that stubborn inflation could lead to an economic slowdown. 64% of CEOs expect a mild economic slowdown over the next 12 to 18 months, and 38% expect economic conditions to worsen over the next six months. Geopolitical instability and cyber risks remain major business risks.
Navigating the 'Ripple Effect' of Tariffs: Strategic Responses and Tax Considerations for CFOs
As the Trump administration's trade policies continue to evolve, the indirect costs of tariffs (the 'ripple effect') will far exceed the tariffs themselves. From a CFO's perspective, this article systematically outlines key risk areas including pricing, supply chain, M&A, investment, foreign exchange, working capital, and taxation, and proposes forward-looking response strategies.
Fed Chair Powell: Inflation and Unemployment Risks Both Rise, Policy Trade-offs Become More Difficult
Fed Chair Powell said on Tuesday that the central bank faces growing risks of both inflation and unemployment rising simultaneously, complicating its dual mandate of stable prices and maximum employment. He warned that adjusting policy too quickly or too slowly could carry costs, and hinted that the balance sheet reduction may soon come to an end.
Surge in S&P 500 Companies Disclosing AI as Major Risk
The latest report from The Conference Board shows that over 70% of S&P 500 companies have listed AI as a major risk in public filings, compared to only 12% in 2023. Reputational risk is the most common disclosure category (38%), with cybersecurity risk accounting for 20%. Meanwhile, PwC's 2025 director survey reveals that only 35% of boards have formally integrated AI into their oversight responsibilities, indicating that governance frameworks still need improvement.
Deloitte AI Error Incident: A Wake-Up Call for Corporate Finance
Deloitte Australia is under scrutiny for submitting reports containing AI-generated errors to the government, and experts say this incident serves as a wake-up call for financial professionals, reminding them that AI tools must be used with appropriate safeguards.
Five Strategies for CFO-CISO Collaboration: From Cost Center to Value Engine
Cybersecurity budget growth has dropped from 8% to 4%, posing collaboration challenges for CFOs and CISOs. This article proposes five key initiatives: unifying financial language, defining shared KPIs, promoting integrated projects, quantifying residual risk, and focusing on long-term investment, to help security evolve from a cost center to a competitive advantage.
Consumer confidence remains low, employment concerns intensify: University of Michigan survey
The latest University of Michigan survey shows the October consumer confidence index edged down to 55, a low since May, with high prices and worsening employment prospects weighing on consumers. The New York Fed survey also indicates continued weakening in labor market expectations and rising inflation expectations. Federal Reserve officials say labor market softening may intensify, but inflation risks remain, leaving no room for risk in the policy path.
EY: Amid Persistent Global Risks, US IPO Fundraising Approaches Four-Year High
EY's latest report indicates that despite ongoing global geopolitical risks, the US IPO market saw significant recovery in Q3 2025, with fundraising reaching $15.9 billion, close to the peak since Q4 2021. Investors view geopolitical risks as the 'new normal,' and with AI technology-driven momentum and expectations of monetary easing, IPO activity is expected to continue into early 2026.